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10 February 2025 | 11 replies
I made a similiar mistake in business, paying $1.1M upfront for promises and had no way to cut losses when those promises were not delivered on.
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20 January 2025 | 1 reply
To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.
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23 January 2025 | 2 replies
Loan officers with 25 years of experience typically are more experienced, and have less time per file, because they have an abundance of files.Loan officers with 25 months of experience typically are less experienced, but have more time to devote to you.I can't write my own loans, so when I'm getting a loan I prefer working with less busy people when I'm doing my own real estate investment, they're more responsive and dedicated it feels like.
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21 January 2025 | 59 replies
Flipping is a production business.
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20 January 2025 | 1 reply
- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.
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23 January 2025 | 11 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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2 February 2025 | 9 replies
I've since closed down to focus on other businesses and run my own STR's.
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23 January 2025 | 1 reply
Be honest with them if that is what you are doing though so you don't waste their time if they are busy.
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20 January 2025 | 4 replies
I don't have any specifics but as someone who is into tech, accounting/finance, and a consultant to grow businesses.
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19 February 2025 | 23 replies
0% Business credit cards + hard money loan = 0 money out of pocket.